Proceedings of the International scientific and practical conference ―Cambridge Science and Education Conference‖ (May 15-17, 2026) / Publisher website: www.naukainfo.com. - Cambridge, United Kingdom, 2026. - 429 p.
23 harmonizing financial policy on the basis of the dialectical unity of the goals of social development with the processes of its financial potential is theoretically substantiated. Since the structure and volume of budget expenditures (at all levels) and measures must be coordinated with the tasks of the state's social development. Instead, the effectiveness of expenditures is achieved through the effective use of finances in reducing inequality, improving the quality of education, medicine, and economic growth, which are the main goals of social development. It is emphasized that the development and implementation of the state's financial policy, taking into account the tasks of social development, should be carried out with a justification of the need and specifics of using the financial instrument, taking into account the experience and knowledge of advanced, developed countries of the world. Keywords: financial policy; state budget; local budgets; financial instruments; planning; budget expenditures; financial stability; martial law An effective and efficient state financial policy that achieves significant results at the local, regional and national levels is a guarantee of dynamic social development, a factor in strengthening and improving socio-economic relations. Institutional transformations in the socio-economic sphere require a strengthening of the influence of financial policy. This policy should concentrate efforts on the implementation of strategic priorities of socio-economic development, the use of modern instruments, effective financial and economic mechanisms, strengthening institutions of communication, partnership, responsibility, as well as the formation of conditions for a favorable investment environment. It is also important to substantiate the conceptual principles of coordinating the instruments of the state's financial policy with the tasks and goals of the country's general strategy, taking into account the institutional state of development and economic cyclicality. The adaptability of state financial policy is a necessary condition for strengthening and increasing its effectiveness in the system of sustainable social development, which is a necessary factor for further improving the existing instruments and mechanisms of the country's socio-economic development.
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